SHENZHEN, China--(BUSINESS WIRE)--In supply-chain finance, the traditional centralized management model often confronts enterprises with costly evidence taking, low efficiency and restraint from central organizations. But all those can possibly be solved by blockchain DApps featuring decentralization, disintermediation and decentralized trust. ZJLT Distributed Factoring Network is such a DApp that takes the lead in the blockchain industry.
ZJLT Distributed Factoring Network is an Ethereum-based platform of enterprise data accumulation and commercial credit evaluation. On this platform, companies can record their flows of fund, goods and invoices and other business information. All these data can be stored onto the storage network constructed on the basis of private IPFS network. Enterprises can evaluate the credit of a company with the decentralized enterprise credit evaluation system. By objectively evaluating multi-dimensions and levels of enterprise information, ZJLT hopes to build up a blockchain-based credit evaluation model and a reliable enterprise credit system and magnify the value of enterprise credit. Also, with the accumulation of credit value of individual enterprises, ZJLT will work together with companies to achieve a larger collective commercial credit value in the society.
As an excellent blockchain project, ZJLT Distributed Factoring Network has been deeply engaged in supply chain for years and has set up a relatively mature credit mechanism. With profound resources in the trade, ZJLT has established cooperation with many top supply chain players such as Amazon, Walmart and China Mobile, laying the foundation for communication crossing supply chains. As a leading player with a deep foundation in enterprise finance DApp, ZJLT has already taken the advantage in the next progress of blockchain.